Sales $26 million
Total assets $36 million
Total debt $7 million
If the profit
Margin is 6 percent, what is net income? What is ROA? What is ROE?

A current accounts receivable balance $425,467
Credit sales for the year just ended were $2,510,255
What is the receivables turnover? The days’ sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?

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sales $26 million
total assets $36 million
total debt $7 million
If the profit
margin is 6 percent, what is net income? What is ROA? What is ROE?

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Please visit Welcome to Investopedia.com (http://www.investopedia.com), you will find all answers